January 28, 2020

Boris Johnson Plans Law for Control of U.K. Fisheries After Brexit
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Boris Johnson’s government plans to reclaim control over British fisheries with a law allowing the U.K. to decide who can fish in its waters and on what terms.The legislation to be published Wednesday will end current automatic rights for European Union vessels to fish in British waters, the Department for Environment, Food and Rural Affairs said in an emailed statement. Under the proposal, the U.K. will leave the EU’s Common Fisheries Policy at the end of December -- after an 11-month post-Brexit implementation period has ended.“This new Fisheries Bill takes back control of our waters, enabling the U.K. to create a sustainable, profitable fishing industry for our coastal communities, whilst securing the long term health of British fisheries,” Environment Secretary Theresa Villiers said. “Leaving the EU’s failed Common Fisheries Policy is one of the most important benefits of Brexit. It means we can create a fairer system which will allow marine habitats to thrive, with new powers to support our fishing sector.”Fisheries are shaping up to be one of the flash points of the U.K.’s forthcoming talks to shape its future relationship with the European Union: currently EU vessels catch more fish in British waters than British vessels do, and the EU has said any trade deal it strikes with the U.K. must be underpinned by a fisheries agreement. Irish Prime Minister Leo Varadkar on Monday suggested that if the U.K. wants access to EU markets for its financial services, it might have to allow EU fishermen to trawl British waters.Read more - What Brexit Will and Won’t Change on Jan. 31: QuickTake“What happens in these things is trade-offs, you know, for example, the United Kingdom has a very strong position on fisheries,” he told the BBC. “You may have to make concessions in areas like fishing in order for us, in order to get concessions from us in areas like financial services.”The U.K.’s fishing industry has been in decline for decades and is relatively small -- with a catch valued at just under 1 billion pounds ($1.3 billion) a year. At the same time, it was championed by Brexiteers during the 2016 referendum on EU membership, and some of the areas that voted most strongly to leave the EU were coastal towns once known for their fishing fleets. One of the most bizarre moments of the referendum campaign saw U.K. Independence Party leader Nigel Farage and rock star Bob Geldof trade insults from rival flotillas along London’s River Thames.The legislation to be published Wednesday will include the following provisions:EU vessels’ automatic right to fish in U.K. waters will end.Foreign boats will need U.K. licenses and will have to follow British rules.Plans will be made for every fish stock to ensure sustainable fishing.The U.K. will take into account climate change impacts on its fisheries.Fisheries plans will recognize that many fish stocks are “shared stocks” requiring negotiation with other coastal states to ensure sustainable catches.To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.netTo contact the editors responsible for this story: Tim Ross at tross54@bloomberg.net, Robert JamesonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Related Stories
Latest News
Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Rep. Alexandria Ocasio-Cortez IDs 'Keys to Castle' for Real Police Reform
July 06, 2020
oLHjH9BFsIw
Beverly Hills 4th of July Party a Breeding Ground for Coronavirus
July 05, 2020
jHPVAU82grw
Parade of Trucks with Trump, Confederate Flags Blaze Down L.A. Streets | TMZ
July 04, 2020
e9t3VLZ9-2w
Kanye West Announces Presidential Run | E! News
July 05, 2020
3LvC9OKO_P4
Jada's Affair?, Charlize Ther-Wrong Name & Housewives Hitman - "Nightly Pop" 07/02/20 | E! News
July 02, 2020
ZcwG2INSVRI
Chance's Relationship Fail, $1K Haircut & Jen's Advice - "Nightly Pop" 07/02/20 | E! News
July 03, 2020
mPSzAABN4yI
Can Lea Michele’s ‘mean girl’ behavior be forgiven? | Page Six Celebrity News
July 03, 2020
Sp-hyaacIB0
Will the 'Ellen DeGeneres Show' be canceled? | Page Six Celebrity News
July 01, 2020
w6fF_hmLmw4
Heather Rae Young reveals first impression of boyfriend Tarek El Moussa | Page Six Celebrity News
July 06, 2020
zB6PN6htngQ
'Succession' Composer Nicholas Britell on How He Crafted the Music of Season 2
July 03, 2020
xgJUmZgGHUI
Kieran Culkin & Dan Levy - Actors on Actors - Full Conversation
July 03, 2020
x1U65peRmGo
Emmys 2020: Issa Rae, Linda Cardellini Among Possible Contenders for Lead Comedy Actress
July 03, 2020
DnMulYkHAGs
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians

Sports

Latest sport results, news, videos, interviews and comments
Latest Events
06
Jul
ENGLAND: Premier League
Tottenham Hotspur - Everton
06
Jul
SPAIN: La Liga
Sevilla - Eibar
06
Jul
SPAIN: La Liga
Levante - Real Sociedad
05
Jul
ITALY: Serie A
Napoli - Roma
05
Jul
SPAIN: La Liga
Villarreal - Barcelona
05
Jul
ENGLAND: Premier League
Southampton - Manchester City
05
Jul
ENGLAND: Premier League
Liverpool - Aston Villa
05
Jul
ITALY: Serie A
Inter Milan - Bologna
05
Jul
SPAIN: La Liga
Athletic Bilbao - Real Madrid
05
Jul
ITALY: Serie A
Brescia - Verona
05
Jul
ITALY: Serie A
Udinese - Genoa
05
Jul
ITALY: Serie A
Sampdoria - Spal
05
Jul
ITALY: Serie A
Parma - Fiorentina
05
Jul
ITALY: Serie A
Cagliari - Atalanta
05
Jul
SPAIN: La Liga
Osasuna - Getafe
04
Jul
ENGLAND: Premier League
Chelsea - Watford
04
Jul
ENGLAND: Premier League
Wolves - Arsenal
04
Jul
ITALY: Serie A
Lazio - AC Milan
04
Jul
ENGLAND: Premier League
Manchester United - Bournemouth
04
Jul
ITALY: Serie A
Juventus - Torino
03
Jul
SPAIN: La Liga
Atletico Madrid - Mallorca
02
Jul
ENGLAND: Premier League
Manchester City - Liverpool
02
Jul
ENGLAND: Premier League
Sheffield United - Tottenham Hotspur
02
Jul
ITALY: Serie A
Roma - Udinese
02
Jul
SPAIN: La Liga
Real Madrid - Getafe
02
Jul
ITALY: Serie A
Atalanta - Napoli
01
Jul
ITALY: Serie A
Spal - AC Milan
01
Jul
ENGLAND: Premier League
West Ham United - Chelsea
01
Jul
ENGLAND: Premier League
Arsenal - Norwich City
01
Jul
ITALY: Serie A
Inter Milan - Brescia
30
Jun
SPAIN: La Liga
Barcelona - Atletico Madrid
30
Jun
ENGLAND: Premier League
Brighton - Manchester United
30
Jun
ITALY: Serie A
Genoa - Juventus
28
Jun
ITALY: Serie A
AC Milan - Roma
28
Jun
ITALY: Serie A
Parma - Inter Milan
28
Jun
SPAIN: La Liga
Espanyol - Real Madrid
28
Jun
ITALY: Serie A
Napoli - Spal
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
0vmRhiLHE2U JFCZUoa6MYE UfN5PCF5EUo 2PV55f3-UAg W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k tudKp5Vhs3k iwWHibhssSo kQr0XHPbICM 5NeCb7JxaRk
Copyright © 2020 Feedimo. All Rights Reserved.